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Home Buying in Sutton : Real Estate Advice

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Activity 2
Tue Nov 4, 2014
Amanda Kelly answered:
Hi there! Buyers & sellers get confused by this all the time! The town assessment of your property is for taxation purposes only. It is not an accurate assessment of what your home is worth on the open market. Depending upon what the market is doing in your area, your town assessment may or may not be anywhere near your market value. Zillow estimates are also (usually) incorrect. Your best bet for finding the "value" of your home is to ask a real estate agent to perform a CMA, or comparative market analysis, of your home. Most agents will not charge for this service, and it will provide you with the best idea of what your home is worth in the current market. In spite of a CMA, your home ultimately is only worth whatever someone else is willing to pay, which may be more or less than your list price. ... more
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Tue Nov 12, 2013
Heath Coker answered:
Yes, I bought my fist home this way - that was decades ago however.

I put a tenant/buyer in one earlier this year.

Choosing an experienced professional will be your key starting point.
Your next issue will be credit and your projected financial strength.

I would contact a local real estate professional to help with this answer and to save time and money.
(I'm on the Cape, but I can help you choose a local pro if you want help doing so.)

I'd hire an attorney, too.


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